financial plannertofinancial broker
A financial planner already meets 76% of what the financial broker role asks for. The move turns on 3 required skills not yet in the profile.
76%
25.7/ 100
1 Share of the financial broker role’s weighted skill requirement already met by the financial planner profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.
Why this move works
A financial broker role treats 13 of its required skills as things a financial planner already does. These are the ones it depends on most.
- advise on financial matters
- analyse market financial trends
- apply technical communication skills
- create a financial plan
- economics
- financial jurisdiction
What stands in the way is 3 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 21 skills that carry over, these are the ones fewest other occupations ask for. A financial broker role needs them, and most people applying for one will not have them already. This is the part of a financial planner background worth leading with.
- already held operate financial instruments management skills
- already held provide financial product information communication, collaboration and creativity
- already held modern portfolio theory business, administration and law
- already held provide support in financial calculation information skills
- already held synthesise financial information information skills
- already held review investment portfolios communication, collaboration and creativity
All 21 carried skills, including the 13 the financial broker role treats as required.
Table 3 · What you would need to learn
The 9 missing skills fall into 4 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.
- required, not held maintain financial records required
- optional, not held conduct financial audits optional
- optional, not held provide cost benefit analysis reports optional
- optional, not held trace financial transactions optional
- required, not held trade securities required
- optional, not held communicate with customers optional
- optional, not held handle financial disputes optional
- required, not held actuarial science required
- optional, not held optimise financial performance optional
Table 4 · Where to start
The 3 entries a financial broker role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 actuarial science knowledge · sector specific
- 02 maintain financial records skill · cross sector
- 03 trade securities skill · cross sector
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 21 skills that carry over
- already held advise on financial matters skill
- already held analyse market financial trends skill
- already held apply technical communication skills skill
- already held create a financial plan skill
- already held economics knowledge
- already held financial jurisdiction knowledge
- already held financial products knowledge
- already held manage financial risk skill
- already held obtain financial information skill
- already held protect client interests skill
- already held provide financial product information skill
- already held securities knowledge
- already held synthesise financial information skill
- already held banking activities knowledge
- already held communicate with banking professionals skill
- already held handle financial transactions skill
- already held maintain records of financial transactions skill
- already held modern portfolio theory knowledge
- already held operate financial instruments skill
- already held provide support in financial calculation skill
- already held review investment portfolios skill
6 supplementary skills, helpful but not required
- optional, not held communicate with customers optional
- optional, not held conduct financial audits optional
- optional, not held handle financial disputes optional
- optional, not held optimise financial performance optional
- optional, not held provide cost benefit analysis reports optional
- optional, not held trace financial transactions optional
46 held skills the financial broker role does not ask for
- not needed by the target role accounting techniques knowledge
- not needed by the target role advise on investment skill
- not needed by the target role advise on tax planning skill
- not needed by the target role analyse business plans skill
- not needed by the target role analyse financial performance of a company skill
- not needed by the target role analyse financial risk skill
- not needed by the target role analyse insurance needs skill
- not needed by the target role analyse loans skill
- not needed by the target role analyse the credit history of potential customers skill
- not needed by the target role assess debtor's financial situation skill
- not needed by the target role assess risks of clients' assets skill
- not needed by the target role assist in loan applications skill
- not needed by the target role assist in will writing skill
- not needed by the target role budget for financial needs skill
- not needed by the target role business loans knowledge
- not needed by the target role calculate employee benefits skill
- not needed by the target role collect financial data skill
- not needed by the target role consult credit score skill
- not needed by the target role create banking accounts skill
- not needed by the target role customer service knowledge
- not needed by the target role debt systems knowledge
- not needed by the target role develop investment portfolio skill
- not needed by the target role disseminate information on tax legislation skill
- not needed by the target role financial forecasting knowledge
- not needed by the target role financial management knowledge
- not needed by the target role financial markets knowledge
- not needed by the target role foreign valuta knowledge
- not needed by the target role guarantee customer satisfaction skill
- not needed by the target role identify customer's needs skill
- not needed by the target role inform on interest rates skill
- not needed by the target role interpret financial statements skill
- not needed by the target role investment analysis knowledge
- not needed by the target role maintain credit history of clients skill
- not needed by the target role manage pension funds skill
- not needed by the target role monitor loan portfolio skill
- not needed by the target role mortgage loans knowledge
- not needed by the target role offer financial services skill
- not needed by the target role prepare real estate contract skill
- not needed by the target role principles of insurance knowledge
- not needed by the target role real estate market knowledge
6 further entries not listed here
1 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held actuarial science required
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.